Company news: Ashoka Buildcon

| Updated on June 11, 2019 Published on June 11, 2019

Ashoka Buildcon has said that Ashoka Belgaum Khanapur Road Private Ltd has received March 7, 2019, as Appointed Date for the NHAI project. The accepted bid project cost is ₹856.20 crore and the construction period is 910 days from the appointed date with operation period of 15 years from the commercial operation date.

Ashoka Belgaum Khanapur Road Pvt Ltd is a wholly-owned subsidiary of Ashoka Concessions, a subsidiary of the company that was the preferred bidder for the project.

Shares of Ashoka Buildcon closed marginally lower at ₹139.55 against the previous day’s close of ₹140.15 on the NSE.

Published on June 11, 2019
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